Happy New Year! We've noticed several up-and-coming commercial real estate technology companies hitting the scene, and we've compiled a list of some of the top companies who we think will be making waves in the CRE tech sector in 2015!Crelow
Crelow is an online matchmaking service that connects tenants with their ideal office space by enabling them to specify exactly what they are looking for and request bids directly from owner reps.
Once the tenant expresses interest in a bid, Crelow introduces the two parties and lets them do the rest. Crelow receives a small referral fee paid directly by the property owner, but only if a lease is signed. Crelow launced in Minneapolis at the end of last year, but they have plans to expand throughout the country in 2015.
CrowdComfort is crowd-sourcing building maintenance and comfort by empowering anyone to report site-specific comfort and maintenance issues in real-time using their smart phones. Building managers and maintenance staff access aggregated data to improve comfort, optimize building performance and lower operational costs. The company was founded in 2013, and they currently offer free set up and one month of free service.
Reonomy is an analytics platform that allows you to conduct quant-based analyses (comp identification, source, and more) that currently takes hours, days, or weeks and execute them in a matter of clicks. Via proprietary algorithms and methodologies, Reonomy identifies outliers and misreported data to ensure that your decisions are based on the most reliable information.
Currently, Reonomy serves the New York City commercial real estate market, and they're in the process of increasing coverage to include the major commercial real estate markets across the United States. And they just raised $13 million in a Series B funding round, so we're sure to see more of them!
WeWork leases co-working office space to startups on month-to-month agreements and includes furniture, reliable internet, conference room time, and even coffee. They have several hubs in the US and raised $355 million in their recent round of funding, proving that the "sharing economy" is on fire. So what makes WeWork so special? In their own words:
"We are helping to create a world where people work to make a life, not just a living. There has been a macro shift towards a new way of work—one focused on a movement towards meaning. WeWork is accelerating this movement."